Binance SAFU fund’s BTC holdings show 21.5% gain, analyst says

Binance’s BTC holdings in its SAFU fund, which was launched as a user protection fund, are currently showing a 21.5% return, on-chain analyst ai_9684 xtpa said. The Binance SAFU fund bought 15,000 BTC in February, and based on the fact that it deployed $1 billion at the time, the implied average purchase price comes to $66,666. With BTC now at $81,000, the gain stands at 21.5%.